Third New VLCC Handed Over to Hunter Tankers

Norwegian investment company Hunter Group has taken delivery of its third newly built very large crude carrier (VLCC) and subsequently delivered it to its new owner.

Illustration; Source: Pixabay under CC0 Creative Commons license

The vessel with hull number 5457, built by South Korea’s Daewoo Shipbuilding and Marine Engineering, was handed over on October 31 in accordance with a Memorandum of Agreement signed in June 2019.

At the time, the company said that the unit would be sold to undisclosed Far Eastern buyers at a price of USD 98 million.

The deal is a part of the company’s earlier received offer to sell two of its VLCC newbuildings.

Hunter Group noted that all funds have been transferred and the transaction is complete.

According to data provided by VesselsValue, the 300,000 dwt unit carries the name C Guardian and would be a part of the Tankers International Pool.

Aside from the ships scheduled to be handed over to Hunter Tankers in 2019, the company has another four 300,000 dwt VLCCs under construction at DSME that would join the fleet in 2020.